Procurement Specialist

This is a fully remote position, open to applicants in Georgia.

📋 Description

• Oversee the complete lifecycle of vendor contracts, which includes initiating new contracts, managing renewals, and processing amendments.

• Collaborate with teams in Procurement, Contracting Legal, Finance, and Security to source, negotiate, and finalize vendor contracts.

• Direct third-party security and compliance assessments for vendors.

• Handle the creation and modification of Purchase Orders, as well as manage invoicing, payment processing, monthly accruals, and budget forecasting.

• Facilitate the onboarding of new vendors through compliance checks, security assessments, and performance management protocols.

• Monitor vendor performance in relation to contractual SLAs and budgetary constraints.

• Conduct budget-to-actual analyses, identify potential risks, and collaborate on strategic cost-reduction initiatives.

• Navigate the complexities of global vendors, including signatory requirements, legal and tax implications, and compliance with country-specific regulations.

• Address vendor escalations, such as payment delays, invoicing disputes, service failures, and violations related to Purchase Orders and invoicing.

• Present updates to leadership regarding the health of the vendor portfolio, contract statuses, and compliance issues.

• Serve as a subject matter expert on contract terms.

• Assist in the development of AI strategies, conduct in-depth vendor and service evaluations, and enhance onboarding processes.

• Communicate effectively through well-crafted written and verbal communications, including documents for audiences of L10+ level.

⛳️ Requirements

• A bachelor's degree or equivalent professional/military experience in Business, Finance, Economics, or a related discipline.

• At least 3 years of professional experience in Vendor Management, Finance, Procurement, or a similar field.

• Proven experience managing the lifecycle of vendor contracts, including negotiations, renewals, and amendments, with both internal and external stakeholders.

• Familiarity with vendor financial operations such as purchase orders, invoicing, accruals, and budget forecasting.

• Ability to leverage data and metrics to promote continuous improvement and manage vendor performance.

• Proficient in written and spoken English.

• Skilled in Excel for analyzing large data sets and managing financial tracking.

• HR experience or exposure to HR processes and practices is a plus.

• Experience overseeing third-party security and compliance evaluations.

• Background in managing global vendor portfolios across diverse geographies with differing legal and regulatory requirements.

• Outstanding project management capabilities, with a proven history of handling multiple concurrent deliverables and adhering to strict deadlines.

🏝️ Benefits

• Medical, dental & vision coverage.

• Critical Illness, Accident, and Hospital insurance options.

• 401(k) Retirement Plan with both pre-tax and Roth post-tax contribution options.

• Voluntary Life & AD&D insurance available for employees and their dependents.

• Short-term and long-term disability coverage.

• Health Spending Account (HSA).

• Transportation benefits.

• Employee Assistance Program.

• Paid Time Off/Leave (PTO, Vacation, or Sick Leave).